10, WATER LANE, MELBOURN, ROYSTON, SG8 6AY - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 WATER LANE is a midsized extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £561,590. It was last sold for £550,000 in August 2023, which was around 11% below the average August 2023 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

10 WATER LANE Sold Prices

Land registry data shows two sales for 10 WATER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 10 WATER LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 15 AUG	£550,000	£621,425	11% below HPI
2017 28 JUL	£370,000	£552,628	33% below HPI

10 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 10 WATER LANE sales from July 2017 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 WATER LANE be worth now?

10 WATER LANE might now be worth an estimated £561,590.

This is based on house price inflation of 2.1%, between August 2023 and February 2025, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% inflationary increase is applied to the most recent sale price for 10 WATER LANE of £550,000 on 15th August 2023. For the value to have increased from £550,000 to £561,590 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 10 WATER LANE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The August 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WATER LANE has not materially changed since August 2023.

How Large is 10 WATER LANE?

10 WATER LANE is 150m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourn, and where 10 WATER LANE lies on this distribution: 57% of detached houses houses are smaller than 10 WATER LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

10 WATER LANE: Plot and Title Map

10 WATER LANE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 10 WATER LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 WATER LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 WATER LANE?

10 WATER LANE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 10 on WATER LANE.